Manik Narang

Company Secretary (C.S) by profession
Investor and Trader by passion

[Manik Narang @CSManikNarang]

JAINREC corrected nearly 35% after results.

The sharp fall was not because of one single issue.

Market reacted to 4 things together:

Margin compression
Logistics cost spike
Higher receivables
Negative operating cash flow

But all 4 need to be understood separately.

A thread 🧵

[Manik Narang @CSManikNarang]

@BoringBiz_ What if he had bought Sandisk with that money.

[Manik Narang @CSManikNarang]

This is good for long-term Make in India.

But in the short term, the solar sector can face a serious supply crunch.

Solar cells may become the new bottleneck.

Names to watch: Premier Energies, Waaree Energies, Websol Energy.

#SolarEnergy #RenewableEnergy #ALMM #MakeInIndia #IndianStockMarket #PremierEnergies #WaareeEnergies #WebsolEnergy

[Manik Narang @CSManikNarang]

From 1 June 2026, India’s solar sector may enter a very different phase.

Under ALMM List-II, applicable projects will need modules made with approved domestic solar cells.

This is not a small Policy change.
This can change the pricing power of the entire solar value chain.

[Manik Narang @CSManikNarang]

Likely impact:

Merchant cell sellers may get pricing power.

Integrated players with cell + module capacity may protect margins.

Pure module makers without domestic cell access may face supply issues, lower utilization, or margin pressure.

Developers may face higher module prices and project delays.

[Manik Narang @CSManikNarang]

@oldschoolinvest Promoters has to repay my loan that he took in 2022.

[Manik Narang @CSManikNarang]

@Shweta7770 Only Lawrance Bishnoi can stop.

[Manik Narang @CSManikNarang]

No cadre.
No rallies.
No booth management.
No campaign budget.
Just unemployed youth + internet access.
Wild.
#CockroachJantaParty #Youth #India #Unemployment #GenZ #SocialMedia

[Manik Narang @CSManikNarang]

Never underestimate unemployed youth with internet access.

What started as CJI Surya Kant’s “cockroach” remark became a meme.

The meme became a page.

The page became a movement.

[Manik Narang @CSManikNarang]

Cockroach Janta Party has reportedly crossed 18.5M followers on Instagram.

That means it has overtaken both:

BJP’s official handle
Congress’ official handle

And now, apparently, the movement has become the “largest party” on Instagram.

[Manik Narang @CSManikNarang]

If this plays out, the pain may not stop with real estate.

It can spill over to banks and housing finance NBFCs too.

Real estate stress rarely stays only in real estate.

It usually travels through confidence, credit and cash flows.

#RealEstate #IndiaHousing #HousingMarket #IndianEconomy #TechLayoffs #PropertyMarket #NBFCs #Banks #MarketOutlook

[Manik Narang @CSManikNarang]

India’s housing market looks strong on the surface.
Prices are firm. Launches are strong. The narrative is simple: “housing demand is back.”

But the cracks are starting to show.

The next phase may be far more dangerous than it looks.

[Manik Narang @CSManikNarang]

Especially in pockets where prices have run far ahead of incomes.

And where demand was driven more by optimism and easy liquidity than genuine end-user strength.

Headline prices may still look firm, while the underlying market quietly weakens.